Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
The Linda and Lenny Bell Family Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

27-6963832
B Telephone number (see instructions)

(800) 839-1754
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$53,988,142J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 11,147,400
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,522 1,522  
4 Dividends and interest from securities... 257,696 257,696  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,778,791
b Gross sales price for all assets on line 6a 25,373,301
7 Capital gain net income (from Part IV, line 2)... 24,227,340
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 9 9  
12 Total. Add lines 1 through 11........ 17,185,418 24,486,567  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 30,538 30,538    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 368,567 3,629    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 97,365 1,061   96,304
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 496,470 35,228   96,304
25 Contributions, gifts, grants paid....... 800,000 800,000
26 Total expenses and disbursements. Add lines 24 and 25 1,296,470 35,228   896,304
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 15,888,948
b Net investment income (if negative, enter -0-) 24,451,339
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 6,602,514 22,161,047 22,161,047
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 273,575 Click to see attachment50,181 51,478
b Investments—corporate stock (attach schedule)....... 19,413,216 Click to see attachment19,866,141 30,637,548
c Investments—corporate bonds (attach schedule)....... 1,031,981 Click to see attachment930,087 933,459
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   Click to see attachment202,778 204,610
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 27,321,286 43,210,234 53,988,142
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 27,321,286 43,210,234
29 Total net assets or fund balances (see instructions)..... 27,321,286 43,210,234
30 Total liabilities and net assets/fund balances (see instructions). 27,321,286 43,210,234
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
27,321,286
2
Enter amount from Part I, line 27a .....................
2
15,888,948
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
43,210,234
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
43,210,234
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b Passthrough K1 Capital Gain/(Loss)      
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 25,373,301   1,150,631 24,222,670
b       4,670
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       24,222,670
b        
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 24,227,340
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 339,874
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 339,874
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 338,500
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,374
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 339,874
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCT
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Leonard Bell Co-Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Linda Bell Co-Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    Foundation Source Administrative 96,304
    55 Walls Drive 3rd Fl
    Fairfield,CT06824
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    30,719,481
    b
    Average of monthly cash balances.......................
    1b
    16,501,683
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    47,221,164
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    47,221,164
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    708,317
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    46,512,847
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    2,325,642
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    2,325,642
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    339,874
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    339,874
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,985,768
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,985,768
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    1,985,768
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 1,985,768
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 883,621
    b Total for prior years:2019, 2018, 2017  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 896,304
    a Applied to 2020, but not more than line 2a 883,621
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 12,683
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		1,973,085
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021.... 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    Leonard Bell
    Linda Bell
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ACADEMY OF NUTRITION AND DIETETICS FOUNDATION
    120 S RIVERSIDE PLZ STE 2190
    CHICAGO,IL60606     		N/A PC General & Unrestricted 25,000
    AMERICAN ASSOCIATION OF PHYSICIANS OF INDIAN ORIGI
    4677 OLD IRONSIDES DR
    SANTA CLARA,CA95054     		N/A PC General & Unrestricted 5,000
    CHAPEL HAVEN INCORPORATED
    1040 WHALLEY AVE
    NEW HAVEN,CT06515     		N/A PC General & Unrestricted 25,000
    CORNELL UNIVERSITY
    PO BOX 752
    ITHACA,NY14851     		N/A PC the Linda and Lenny Bell Family Fund for DNS Student Professional Development 100,000
    DEFEAT MSA ALLIANCE
    29924 JEFFERSON AVE
    ST CLR SHORES,MI48082     		N/A PC General & Unrestricted 1,000
    ISLAND FOOD PANTRY OF MARTHAS VINEYARD INC
    PO BOX 1874
    VINEYARD HVN,MA02568     		N/A PC General & Unrestricted 25,000
    ISLAND HOUSING TRUST CORPORATION
    PO BOX 779
    WEST TISBURY,MA02575     		N/A PC General & Unrestricted 25,000
    JEWISH COMMUNITY OF LOUISVILLE INC
    3600 DUTCHMANS LN
    LOUISVILLE,KY40205     		N/A PC The Judith Bensinger Adult SCF Fund - Area of interest- Seniors 5,000
    JEWISH FAMILY SERVICE OF GREATER NEW HAVEN INC
    1440 WHALLEY AVE STE 2
    NEW HAVEN,CT06515     		N/A PC General & Unrestricted 10,000
    MARTHAS VINEYARD HEBREW CENTER
    PO BOX 692
    VINEYARD HVN,MA02568     		N/A PC High Holiday Appeal Fund 10,000
    NEW VENTURE FUND
    1201 CONNECTICUT AVE NW STE 300
    WASHINGTON,DC20036     		N/A PC America Votes 100,000
    PARKINSONS FOUNDATION INC
    1359 BROADWAY
    NEW YORK,NY10018     		N/A PC General & Unrestricted 50,000
    PARTNERS HEALTHCARE SYSTEM INC - MARTHAS VINEYARD
    PO BOX 1477
    OAK BLUFFS,MA02557     		N/A PC General & Unrestricted 25,000
    PARTNERS HEALTHCARE SYSTEM INC - MARTHAS VINEYARD
    PO BOX 1477
    OAK BLUFFS,MA02557     		N/A PC For the Summer Appeal 2021 Fund 10,000
    SHERIFFS MEADOW FOUNDATION
    PO BOX 1088
    VINEYARD HAVEN,MA02568     		N/A PC General & Unrestricted 25,000
    TEMPLE BETH TIKVAH OF GREENACRES INC
    4550 S JOG RD
    GREENACRES,FL33467     		N/A PC General & Unrestricted 500
    TEMPLE EMANU-EL OF PALM BEACH INC
    190 N COUNTY RD
    PALM BEACH,FL33480     		N/A PC General & Unrestricted 500
    THE DIAPER BANK OF CONNECTICUT INC
    370 STATE ST STE 4
    NORTH HAVEN,CT06473     		N/A PC General & Unrestricted 25,000
    THE JEWISH FEDERATION OF GREATER NEW HAVEN INC
    360 AMITY RD
    WOODBRIDGE,CT06525     		N/A PC General & Unrestricted 101,000
    THE JEWISH FEDERATION OF GREATER NEW HAVEN INC
    360 AMITY RD
    WOODBRIDGE,CT06525     		N/A PC Charitable Event 12,000
    THE JEWISH FEDERATION OF GREATER NEW HAVEN INC
    360 AMITY RD
    WOODBRIDGE,CT06525     		N/A PC To be used exclusively to support the safety and well-being of all the GNH JCC pre-school children and program 20,000
    THE LEADERSHIP CENTER FOR ATTORNEY GENERAL STUDIES
    1350 I ST NW STE 300
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 100,000
    WHITE PLAINS HOSPITAL MEDICAL CENTER
    41 E POST RD
    WHITE PLAINS,NY10601     		N/A PC General & Unrestricted 25,000
    YALE NEW HAVEN HOSPITAL
    20 YORK ST
    NEW HAVEN,CT06510     		N/A PC General & Unrestricted 25,000
    YALE UNIVERSITY - SCHOOL OF MEDICINE
    PO BOX 7611
    NEW HAVEN,CT06519     		N/A PC YMS Dean's Discretionary Fund 50,000
    Total .................................bullet 3a 800,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 1,522  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 5,778,791  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aK-1 Inc/Loss     		    14 9  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   6,038,018  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    6,038,018
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    The Linda and Lenny Bell Family Foundation
     
    Employer identification number

    27-6963832
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    The Linda and Lenny Bell Family Foundation
          		Employer identification number
    27-6963832
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    Bell Leonard
    Ropes Gray LLP 800 Boylston St
     
    Boston, MA021993600

    		$ 11,147,400


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    The Linda and Lenny Bell Family Foundation
          		Employer identification number

    27-6963832
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 ALEXION PHARMACEUTICALS, INC ALXN, 66000 sh. $ 11,147,400 2021-05-04
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    The Linda and Lenny Bell Family Foundation
          		Employer identification number

    27-6963832
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 DepreciationSchedule
    Name:
    The Linda and Lenny Bell Family Foundation
    EIN:
    27-6963832
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    The Linda and Lenny Bell Family Foundation
    EIN:
    27-6963832
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CHARLES SCHWAB CORP - 5.000% - 51,602 51,797
    CVS HEALTH CORP NOTE - 4.100% 106,907 107,825
    FORD MOTOR CREDIT COMPANY NOTE 102,642 103,137
    GE CAPITAL CORP - 1.233% - 03/ 51,725 50,213
    GOLDMAN SACHS GROUP - 5.500% - 102,874 105,500
    JP MORGAN CHASE - 5.300% - 12/ 101,507 99,999
    MERCK & CO INC NT - 2.400% - 0 50,682 50,439
    OCCIDENTAL PETROLEUM - 2.900% 102,000 102,150
    PRUDENTIAL FINANCIAL - 5.875% 55,281 51,102
    SCHWAB CHARLES CORP PERPETUAL 50,506 49,965
    VERIZON COMMUNICATIONS INC - 2 46,605 52,083
    WELLS FARGO & CO NEW DEPOSITAR 107,756 109,249

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    The Linda and Lenny Bell Family Foundation
    EIN:
    27-6963832
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABCAM ADR 3,453 3,627
    ACCOLADE ORD SHS 4,092 3,084
    ADOBE SYSTEMS, INC 140,963 243,836
    ADVANCE AUTO PARTS INC 52,465 90,675
    ADVANCED MEDICAL OPTICS 6,722 5,087
    ADYEN N.V. 50,339 63,852
    AGL 4,882 5,616
    AIA GROUP LTD ADR 46,196 50,884
    ALCON INC 25,025 29,795
    ALFA LAVAL AB 18,954 27,666
    ALIGNMENT HEALTHCARE INC 2,826 2,292
    ALLIANZ SE 50,431 55,531
    ALPHABET INC CL A 442,379 1,378,991
    ALPHABET INC CL C 29,971 109,956
    AMAZON COM 352,151 916,944
    AMBEV SA 21,566 18,172
    ANGI HOMESERVICES INC 7,436 5,517
    ANTHEM INC 83,406 126,546
    APPLE INC 457,215 1,754,923
    ASCENDIS PHARMA 4,056 3,498
    ASTRAZENECA 31,105 30,290
    ATLAS COPCO AB A SHS ADR 49,018 73,191
    AZEK COMPANY INC CL A 7,022 9,017
    BAIDU.COM - ADR 22,498 24,253
    BANCO BILBAO ARG SA 26,287 23,656
    BANK OF AMERICA CORP 20,054 19,131
    BERKSHIRE HATHAWAY INC. CLASS 626,731 1,079,988
    BHP BILLITON LIMITED 45,731 42,788
    BIOHAVEN PHARMACEUTICAL HOLDIN 6,791 7,166
    BLACKLINE INC 7,012 5,902
    BLACKROCK MULTI ASSET INCOME P 267,638 272,629
    BLUEPRINT MEDICINES CORPORATIO 5,154 5,570
    BRIGHT HORIZONS FAMILY SOLUTIO 12,313 9,945
    BROADCOM INC 113,099 238,882
    BRUKER CORPORATION 5,625 6,125
    CACTUS, INC. CLASS A 4,855 4,423
    CANADIAN NATL RAILWAY CO 14,985 19,043
    CANADIAN PACIFIC RAILWAY LTD 26,754 37,049
    CASEY'S GENERAL STORES, INC 8,681 9,078
    CATALENT INC 10,475 10,370
    CATERPILLAR INC 50,022 49,411
    CENTENE CORP 57,582 75,726
    CHARLES RIV LABORATORIES INTL 15,925 14,694
    CHECK POINT SOFTWARE TECHNOLOG 37,700 40,679
    CHOICE HOTELS INTERNATIONAL IN 5,226 5,928
    CHUGAI PHARMACEUTICAL CO., LTD 21,322 22,659
    CHURCHILL DOWNS INC 8,352 7,950
    CLARUS CORP NEW COM 5,525 5,295
    CMC MATERIALS INC 5,588 8,434
    COGENT COMMUNICATIONS GROUP, I 7,635 7,611
    COGNIZANT TECHNOLOGY SOLUTIONS 41,945 56,781
    COMCAST CORP 50,171 72,526
    CONSTELLATION BRANDS INC 38,188 43,167
    COSTCO WHOLESALE CORPORATION 96,346 185,638
    COUCHBASE INC 3,325 2,596
    CSPC PHARMACEUTICALS GROUP 24,952 22,158
    CVS CAREMARK CORP 68,044 92,328
    DANAHER CORP 90,624 195,432
    DASSAULT SYS SA SPN ADR 37,240 58,546
    DBS GROUP HLDGS SPON ADR 42,561 56,761
    DIAGEO PLC ADS 18,602 23,115
    DIGITALBRIDGE GROUP INC CL A 2,811 3,540
    DYNATRACE 8,134 6,397
    EASTGROUP PROPERTIES INC 9,210 11,393
    EDWARDS LIFESCIENCES 69,574 115,818
    ELI LILLY & CO 49,880 53,034
    ENCOMPASS HEALTH CORPORATION 4,927 4,829
    ENN ENERGY HOLDINGS LIMITED 26,713 30,125
    ENTEGRIS INC MINNESOTA 8,609 9,285
    ENVESTNET INC 5,103 4,840
    EPIROC AB 21,335 34,313
    ESTABLISHMENT LABS 8,194 7,232
    EVO PAYMENTS INC 9,154 10,240
    EXXON MOBIL CORP 40,117 37,081
    FANUC LIMITED UNSPONSORED 13,948 14,307
    FATE THERAPEUTICS INC 1,106 995
    FIRST WATCH RESTAURANT 1,872 1,492
    FISERV INC 140,060 126,831
    FOMENTO ECONOMICO MEXICANO 28,291 25,722
    FTI CONSULTING INC 7,867 8,285
    FUCHS PETROLUB SE 3,711 3,658
    FULLER H B CO 6,957 8,262
    GENPACT LIMITED 17,193 18,260
    HAIER SMART HOME ADR 19,344 23,598
    HDFC BANK LTD ADR 16,516 17,764
    HEALTHEQUITY INC 6,471 4,601
    HEINEKEN N V S ADR 32,211 41,508
    HOME DEPOT INC 456,628 955,768
    IAA INC 13,066 11,491
    ICICI BK LTD ADS 22,306 31,862
    IDEX CP 2,351 2,600
    INARI MEDICAL INC 2,695 2,921
    INFINEON TECH ADS 40,454 61,732
    INFINERA CORPORATION 4,365 5,562
    INTUITIVE SURGICAL 75,033 135,815
    INVESCO OPPENHEIMER DEVELOPING 1,199,934 1,137,988
    ISHARES MSCI CHINA A ETF 299,712 298,616
    ISHARES MSCI-JAPAN 49,948 61,001
    ISHARES TRUST MSCI EAFE INDEX 199,896 235,411
    JOHN BEAN TECH CORP 4,318 4,453
    JOHNSON & JOHNSON 45,407 57,993
    JP MORGAN CHASE 180,153 292,948
    JPMORGAN SHORT DURATION 2,496,011 2,473,143
    JPMORGAN STRATEGIC INCOME OPPO 308,965 304,336
    KNIGHT SWIFT TRANSPORTATION HO 3,537 4,266
    KOMATSU LTD 19,569 20,215
    KUBOTA CORPORATION 24,666 29,606
    L'AIR LIQUIDE ADR OTC 14,084 17,609
    L'OREAL ADR 48,929 70,897
    LATTICE SEMICONDUCTOR 3,736 4,315
    LESLIES INC 7,090 8,139
    LIBERTY BROADBAND CORPORATION 34,909 59,285
    LINDE PLC COM 14,917 21,825
    LINNCO LLC ESCROW 183,555  
    LITTELFUSE, INC 5,921 6,608
    LOCKHEED MARTIN CORP 60,137 58,287
    LONZA GROUP AG UNSP/ADR 29,200 45,174
    MAKEMYTRIP LIMITED 5,886 5,376
    MANTECH INTERNATIONAL CORP 5,875 5,324
    MARKEL CORP 57,261 71,572
    MASCO CORP 62,583 73,450
    MASTERCARD INC 217,064 261,585
    MCCORMICK & CO INC VOTING 20,853 28,617
    MCKESSON CORP 57,124 96,445
    MERCK & CO INC 34,946 32,342
    META PLATFORMS INC 384,560 884,264
    METROPOLITAN WEST TOTAL RETURN 828,109 823,005
    MICROSOFT CORP 416,557 1,558,170
    MILLER HERMAN INC 34,091 30,020
    MILLERKNOLL LLC 24,733 24,807
    MIMECAST LTD 4,067 4,774
    MOTOROLA SOLUTIONS INC 175,280 296,425
    MSA SAFETY INCORPORATED 4,688 4,680
    NATERA INC 1,206 1,214
    NEOGENOMICS INC 9,522 7,711
    NESTLE S.A 31,665 44,778
    NETFLIX INC 125,520 231,939
    NEUROCRINE BIOSCIENCES, INC 5,988 5,110
    NEVRO CORP 3,626 2,756
    NORTHROP GRUMMAN CORP 80,577 89,413
    NOTORI HOLDINGS 23,275 20,046
    NOVARTIS AG ADR 47,196 54,056
    NOVOZYMES A/S UNSP/ADR 15,364 20,780
    NVIDIA CORP 46,638 479,988
    O'REILLY AUTOMOTIVE INC 54,668 88,279
    OIL CO LUKOIL PJSC SPON ADR RE 32,651 32,238
    ORACLE CORP 37,004 78,576
    ORCHARD SUPPLY HARDWARE CL A 2,455 1,955
    ORTHOPEDIATRICS CORP 4,017 3,891
    PALO ALTO NETWORKS INC 187,751 567,895
    PAYPAL HOLDINGS, INC 85,519 148,412
    PEPSICO INC 29,895 31,789
    PING AN INSURANCE GROUP ADR 17,968 14,885
    PIONEER MULTIASSET ULTRASHORT 315,168 304,292
    PROCTER GAMBLE CO 29,948 33,697
    PROGRESSIVE CORP OHIO 33,890 46,808
    PROGYNY ORD SHS 1,918 1,712
    PROS HOLDINGS INC 4,344 4,311
    PROSPERITY BANC SHARES, INC 11,816 11,496
    PRUDENTIAL FINANCIAL 9.0% PREF 5,189 3,458
    PT TELEKOM. IND. TBK ADR 19,493 23,424
    QUAKER CHEMICAL CORP 7,745 7,616
    RAYTHEON TECHNOLOGIES CORP 49,880 47,333
    RIO TINTO PLC SPONSORED ADR 28,735 31,663
    ROCHE HOLDING LTD ADR 42,428 55,308
    ROYAL DUTCH SHEL PLC SPONS ADR 25,781 24,016
    SAP AKTIENGESELL ADS 42,832 49,739
    SCHNEIDER ELEC UNSP/ADR 39,528 55,953
    SGS SA UNSP ADR 14,537 17,756
    SHIONOGI & CO LTD 25,224 28,378
    SI BONE INC 4,445 4,486
    SIMPLICITY BANCORP INC 4,732 5,570
    SITEONE LANDSCAPE SUPPLY INC 6,048 7,026
    SONOVA HOLDING AG AD 15,601 22,771
    SPDR GOLD SHARES 198,328 204,810
    SPDR S&P 500 ETF TRUST 148,611 249,354
    SUMO LOGIC ORD SHS 2,660 2,278
    SYMRISE AG UNSPONSORED 20,741 30,805
    SYSMEX CORP UNSP ASDR 24,362 34,359
    TAIWAN SEMICONDUCTOR MFG CO LT 42,574 66,291
    TELEFONOS DE MEX L 6,574 7,192
    TENCENT HOLDINGS LIMITED 50,429 52,936
    TEXAS INSTRUMENTS INC 166,968 221,829
    THERMO FISHER SCIENTIFIC INC 125,296 256,887
    TOPBUILD CORP 6,054 7,450
    UNICHARM CORP - SPN ADR 31,509 35,163
    UNILEVER PLC AMER 62,681 69,550
    UNITEDHEALTH GROUP INC 158,004 361,039
    VALMONT INDUSTRIES INC 3,411 3,507
    VALVOLINE INC 45,392 76,482
    VANGUARD 500 INDEX FUND ADM 2,235,758 4,422,070
    VANGUARD INTERM- TERM GOVERNME 54,402 54,245
    VANGUARD SMALL CAP INDEX FD AD 500,383 496,574
    VANGUARD VALUE ETF 748,738 778,947
    VERIZON COMMUNICATIONS 49,932 49,674
    VERTEX PHARMCTLS INC 52,274 52,265
    VISA INC 531,697 751,334
    WALT DISNEY HOLDINGS CO 222,738 238,531
    WASTE CONNECTIONS 13,890 14,581
    WEX, INC 4,893 3,650
    WISDOMTREE JAPAN HEDGED EQUITY 49,988 60,226
    WOODWARD INC 3,816 3,612
    WORKIVA INC 14,946 13,832
    XP INC CL A 19,281 17,675
    YANDEX N V 12,645 13,431
    ZOETIS INC 74,199 136,413
    ZUORA INC 6,708 6,295
    ZURN WATER SOLUTIONS 4,778 4,878
    ZYNGA INC 11,986 10,304

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    The Linda and Lenny Bell Family Foundation
    EIN:
    27-6963832
    US Government Securities - End of Year Book Value:

     
    US Government Securities - End of Year Fair Market Value:

     
    State & Local Government Securities - End of Year Book Value:


    50,181
    State & Local Government Securities - End of Year Fair Market Value:


    51,478


    TY 2021 InvestmentsOtherSchedule2
    Name:
    The Linda and Lenny Bell Family Foundation
    EIN:
    27-6963832
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESCO DB AGRICULTURE FUND   202,778 204,610

    TY 2021 OtherExpensesSchedule
    Name:
    The Linda and Lenny Bell Family Foundation
    EIN:
    27-6963832
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 96,304     96,304
    Bank Charges 770 770    
    K-1 Exp INVESCO DB AGRICULTURE 291 291    


    TY 2021 OtherIncomeSchedule2
    Name:
    The Linda and Lenny Bell Family Foundation
    EIN:
    27-6963832
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss INVESCO DB AGRICULTURE FUND 9 9  


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    The Linda and Lenny Bell Family Foundation
    EIN:
    27-6963832
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 30,538 30,538    


    TY 2021 TaxesSchedule
    Name:
    The Linda and Lenny Bell Family Foundation
    EIN:
    27-6963832
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2021 338,500      
    990-PF Excise Tax for 2020 26,438      
    Foreign Tax Paid 3,629 3,629